Edward Meyercord - 15 May 2022 Form 4 Insider Report for EXTREME NETWORKS INC (EXTR)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Lily Kang, Power of Attorney for Ed Meyercord
Issuer symbol
EXTR
Transactions as of
15 May 2022
Transactions value $
-$152,521
Form type
4
Filing time
16 May 2022, 16:31:59 UTC
Previous filing
04 Apr 2022
Next filing
01 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXTR Common Stock Options Exercise $0 +32K +4.1% $0.00 811K 15 May 2022 Direct
transaction EXTR Common Stock Tax liability -$153K -15.5K -1.91% $9.87 795K 15 May 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXTR Restricted Stock Units Options Exercise $0 -32K -16.67% $0.00 160K 15 May 2022 Common stock 32K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld from the released share award for the payment of applicable income and payroll withholding taxes due on release
F2 This Time-based RSU award vests from the original grant date as to 1/3 on the one year anniversary and 1/12 each quarter thereafter.